Goldman Sachs Trust - Goldman Sachs Financial Square Treasury Instruments Fund
FTIXX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Goldman Sachs Trust - Goldman Sachs Financial Square Treasury Instruments Fund (FTIXX) is a money market mutual fund that seeks to maximize current income to the extent consistent with the preservation of capital and the maintenance of liquidity by investing exclusively in U.S. Treasury obligations, including Treasury bills, notes, and other securities issued or guaranteed by the U.S. Treasury where principal and interest payments are backed by the full faith and credit of the U.S. government. The fund offers Institutional Shares with a minimum initial investment of $10 million, monthly dividend distributions at a trailing twelve-month yield of approximately 4.13% to 4.93%, an expense ratio of 0.20%, and maintains a stable net asset value of $1.00 per share; its portfolio as of recent holdings includes significant allocations to United States Treasury Bills (various maturities) and Treasury Notes (e.g., 4.025% and 3.940% series). Managed by Goldman Sachs Asset Management, L.P. as part of the Goldman Sachs Financial Square Funds series, it targets institutional investors seeking low-risk, high-quality, short-term liquidity solutions within the taxable money market category, benchmarked against the U.S. Treasury Bill Auction Average 3-Month index. Goldman Sachs Trust, the issuer, is an open-end management investment company organized as a Delaware statutory trust with principal executive offices at 71 South Wacker Drive, Chicago, Illinois 60606; it was established by Declaration of Trust dated January 28, 1997, succeeding a Massachusetts business trust combined on April 30, 1997, while the FTIXX series itself was inaugurated on March 3, 1997. The fund operates primarily in the United States, serving institutional clients such as corporations, pension funds, and other large investors through platforms like WellsTrade and Goldman Sachs' distribution channels, with total assets under management exceeding $75 billion as of recent reports. It emphasizes daily liquidity, high portfolio quality (99.5%+ in government securities), and compliance with SEC money market fund regulations. In recent developments, the broader Goldman Sachs Financial Square Funds have adapted to 2023-2024 SEC regulatory amendments eliminating redemption gates, mandating higher minimum daily (25%) and weekly (50%) liquid assets effective April 2024, and introducing mandatory liquidity fees on certain net redemptions effective October 2024, with prospectuses and SAIs updated accordingly as of March 29, 2024. Goldman Sachs Asset Management approved the liquidation of related sister funds—Goldman Sachs Financial Square Money Market Fund and Prime Obligations Fund—on April 16-17, 2024, with closures on or about September 16, 2024, reflecting strategic portfolio rationalization, though FTIXX continues operations unaffected. On the innovation front, Goldman Sachs partnered with BNY Mellon in July 2025 to launch a tokenized money market funds solution utilizing GS DAP® blockchain platform for real-time ownership tracking and potential collateral use, initially including Goldman Sachs' own MMF share classes alongside those from BlackRock, Fidelity, and Federated Hermes, targeting the $7.1 trillion U.S. MMF market. These changes underscore ongoing enhancements in liquidity management, regulatory compliance, and digital asset integration without direct acquisitions, funding rounds, or product launches specific to FTIXX itself.